StageAcquired | Acquired
ShareRails is a white-label SaaS monetization platform for top-tier influencers, offering retailers a cost-effective solution for personalized merchandising, on-site social discovery, and referral traffic. ShareRails offers a seamless shopping experience via their sophisticated platform, which displays on and offline inventory in a searchable online catalog built to model the in-store experience to drive more customers to physical retail locations, increase online sales, and strengthen customer retention and loyalty. One of ShareRails's flagship products is Dressli, a mobile app for social shopping.
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Latest ShareRails News
May 2, 2017
LAS VEGAS, NV--(Marketwired - May 2, 2017) - Grey Cloak Tech, Inc . 's ( OTC PINK : GRCK ) recently acquired ShareRails , Inc. announced today, through an agreement with Pacific Retail Capital Partners, their O2O (Online-To-Offline) Software Application is now live at The Shops at South Town in Sandy Utah. This break-through technology allows visitors near and inside the shopping center to search for products online and then make the purchase immediately in the center. Joseph Nejman, Founder of ShareRails, said, "We were delighted to work directly with management and individual tenants at The Shops at South Town to discuss their specific needs, onboard their products, and immediately create substantial increases to their Online-to-Offline traffic. We're looking forward to duplicating this effort in leading shopping centers throughout the U.S. and abroad." The ShareRails technology provides the tenants at the Shops at South Town various management, curation, and promotion features that can: 1. Make Products Discoverable - In-stock products and promotions are instantly searchable online. Additionally, ShareRails creates digital product catalogs that enhance mall and merchant websites. 2. Drive Foot Traffic - Products appear in local search and social media results. Search results drive customers to the stores by showing store directions, hours, and product details. 3. Boost Customer Experience - The ability to have a continuous brand experience across devices ensures customers have a personalized touch both in-store and in the digital world. "We're excited our tenants are now outfitted with the ShareRails O2O platform. This gives our shopping destinations an edge over local competitors, and for the first time in almost decades, our brick-and mortar owners can compete with the online giants," explained Najla Kayyem, senior vice president of marketing for Pacific Retail Capital Partners. "We're looking forward to the success the ShareRails and Grey Cloak teams will create for the wide variety of tenants at The Shops at South Town and our other properties, as we roll it out in select markets over the next few months." Most retailers who operate in malls are not able to display their inventory outside of the store without ShareRails, Inc.'s O2O (Online-To-Offline) software platform. ShareRails O2O puts products, plus their specific SKU inventory, online where they can be found in online searches on Google and other search engines. "The consumer finds and buys the product online, and then picks it up at the retailer, empowering brick-and-mortar merchants with the best of both online and offline shopping to please customers," explained Nejman. "First, the service provides immediate gratification; the consumer can have the product ready and waiting at their convenience rather than dealing with crowds trying to find or pay for the product; and second, the process allows consumers to examine, and try on if needed, eliminating the hassle of online returns which is still an expensive problem." Pacific Retail Capital Partners is one of the nation's largest operators of malls with more than $1.2 billion in retail assets under management. This first run of ShareRails' O2O platform implementation at The Shops at South Town, a 150-store, 1.3 million square-foot shopping center, represents a market test, with more major properties of Pacific Retail to follow. This implementation comes immediately following South Town's multi-million renovation. For more information on Grey Cloak, visit http://www.greycloaktech.com . For more information on ShareRails, visit http://www.ShareRails.com . To find out about the Shops at South Town visit www.shopsatsouthtown.com and through social media at:
ShareRails Frequently Asked Questions (FAQ)
Where is ShareRails's headquarters?
ShareRails's headquarters is located at 198 Harbour Esplanade, Docklands.
What is ShareRails's latest funding round?
ShareRails's latest funding round is Acquired.
Who are the investors of ShareRails?
Investors of ShareRails include Healthy Extracts, TomorrowVentures and Grace Beauty Capital.
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